Lulus Q3 net revenue down 21% to $83.1M; net loss of $3.9M vs prior year profit; guidance updated

Lulu's Fashion Lounge Holdings, Inc.

2023-Q3 EPS reported -$0.31 revenue$280,216,000

Net revenue $83.1M, down 21% YoY; net loss $3.9M vs net income $0.9M in Q3 2022; diluted EPS $(0.10).
Adjusted EBITDA $1.0M, down 82% from $5.4M; gross margin 40.3%, down 180 bps YoY.
Active customers fell 8% to 2.96M; Average Order Value flat at $133.
Operating cash flow $12.7M (+122% YoY); free cash flow $11.6M (+150% YoY); net cash position $1.9M.
Full-year 2023 financial guidance updated; specifics not fully disclosed in excerpt.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Lulu's Fashion Lounge Holdings, Inc. reported third quarter ended October 1, 2023 results: revenue $83.1 million, net income Net loss of $3.9 million, EPS $(0.10) per diluted share. Guidance reaffirmed.

Period: third quarter ended October 1, 2023
Revenue: $83.1 million
Net income: Net loss of $3.9 million
EPS: $(0.10) per diluted share
Guidance: reaffirmed
Result: reported results

Exact text from the filing

set forth by specific reference in such a filing. --- EX-99.1 (EX-99.1) --- Lulus Reports Third Quarter 2023 Results and Updates Full Year 2023 Guidance Net Revenue of $83.1 million, down 21% from Third Quarter 2022 Grew Net Cash Provided by Operating Activities and Free Cash Flow by 122% and 150%, respectively, from Third Quarter 2022 CHICO, Calif.,

View on SEC.gov

51 earnings releases filed in the last 30 days. Browse all earnings releases →

Lulu's Fashion Lounge Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001558370-23-018259

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.